131 S NORMAN C FRANCIS Parkway, New Orleans, LA 70119 (MLS# NO2563853)

131 S NORMAN C FRANCIS Parkway, New Orleans, LA 70119

$3,900,000
Property Type: MultiFamily Square Footage: 8,850 Lot Size (sq. ft.): 19,602 Status: Active
Current Price: $3,900,000 List Date: 7/14/2026 Last Modified: 7/14/2026

Overview

Description

131 S. Norman C. Francis Parkway presents a rare opportunity to acquire a turnkey, 20-unit historic multifamily property in the heart of Mid-City. Beautifully renovated in 2018, this well-maintained asset blends historic New Orleans character with modern amenities. Each apartment features hardwood floors, in-unit washer and dryer, dishwasher, and updated finishes designed to attract and retain quality tenants. The property also offers valuable off-street parking, an increasingly desirable amenity in this highly walkable neighborhood. Ideally situated along the Norman C. Francis corridor, the property is just blocks from Trader Joe's, Rouses Market, the Canal Street streetcar line, Bayou St. John, City Park, the Lafitte Greenway, restaurants, shopping, and many of Mid-City's most popular attractions. A stabilized, income-producing investment in one of New Orleans' most sought-after neighborhoods. Rent roll and financial information available upon request.

Listing Details MLS# NO2563853

Listing Info

Delayed Marketing
No
Listing Price
3900000
List Price/SqFt
440.68
Modification Timestamp
2026-07-14T22:36:52Z
Photo Modified
2026-07-14T19:17:16Z

Location Tax Legal Info

Street Number
131
Dir
S
Street Name
NORMAN C FRANCIS Parkway
Parish
Orleans
State
LA
Zip Code
70119
Tax Assessment Number
105300119
Directions
Bounding Streets: Cleveland, Canal St

General Property Description

Number of Units
20
Stories
3
SqFt - Total
8850
SqFt - Source
Blueprint
Individual Metered?
No
Lot Dimensions
143x138
Acres
0.45

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
58835564
Originating System Listing ID
2563853
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
SQ 684 S NORMAN C FRANCIS PWK & CLEVELAND AVE LOT A-1 143.10.3X138.6.4

More Information

Remarks & Misc

Remarks
131 S. Norman C. Francis Parkway presents a rare opportunity to acquire a turnkey, 20-unit historic multifamily property in the heart of Mid-City. Beautifully renovated in 2018, this well-maintained asset blends historic New Orleans character with modern amenities. Each apartment features hardwood floors, in-unit washer and dryer, dishwasher, and updated finishes designed to attract and retain quality tenants. The property also offers valuable off-street parking, an increasingly desirable amenity in this highly walkable neighborhood. Ideally situated along the Norman C. Francis corridor, the property is just blocks from Trader Joe's, Rouses Market, the Canal Street streetcar line, Bayou St. John, City Park, the Lafitte Greenway, restaurants, shopping, and many of Mid-City's most popular attractions. A stabilized, income-producing investment in one of New Orleans' most sought-after neighborhoods. Rent roll and financial information available upon request.

Office/Member/Contract Info

List AOR
NOMAR

Siding

Stucco
Yes

Foundation

Piers
Yes

Roof

Other
Yes

Heating

Central
Yes

Interior

Handicap Acc
Yes

Cooling

Central Air
Yes
Wall Units
Yes

Owner Pays

Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Property Features

Siding: Stucco Foundation: Piers Roof: Other Heating: Central Cooling: Central Air; Wall Units Interior: Handicap Acc Owner Pays: Water Tenant Pays: Electric; Gas
IDX
Listing Office: NORF Realty LLC
Last Updated: July - 14 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.